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Spirit Airlines ( (SAVEQ) ) just unveiled an update.
Spirit Airlines and its subsidiaries filed for Chapter 11 bankruptcy on November 18 and 25, 2024, respectively, in the Southern District of New York. They are undergoing a reorganization plan, which includes a $350 million equity rights offering initially set to expire on January 30, 2025. This deadline has been extended to February 13, 2025, with the possibility of further extensions.
More about Spirit Airlines
YTD Price Performance: 20.24%
Average Trading Volume: 12,353,714
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $54.65M
Find detailed analytics on SAVEQ stock on TipRanks’ Stock Analysis page.